Description

This analysis provides a forecast of EGLD prices using a Seasonal ARIMA model with Box-Cox transformation. The forecast includes different scenarios:

The confidence levels used are 68%, 95%, and 99.7%, which means there is a corresponding probability that the actual price will fall within the Bear and Bull case range for each confidence level.

The purpose of this model is to help investors understand potential future price movements and make informed decisions based on different market scenarios.

Bear_0.997 Bear_0.95 Bear_0.68 Base Bull_0.68 Bull_0.95 Bull_0.997
2024-10-13 17.195774 19.592400 22.207645 25.274245 28.773025 32.642252 37.248354
2024-10-20 13.296205 16.296456 19.817933 24.259763 29.719189 36.218592 44.556922
2024-10-27 10.697219 14.001108 18.142086 23.721370 31.056997 40.394314 53.218193
2024-11-03 9.092909 12.659353 17.414205 24.231937 33.785829 46.742641 65.728135
2024-11-10 7.902209 11.664742 16.983713 25.075460 37.124907 54.486008 81.553037
2024-11-17 6.725773 10.493094 16.122464 25.181315 39.472874 61.286575 97.371177
2024-11-24 5.540652 9.107267 14.723043 24.253411 40.134849 65.739219 110.552051
2024-12-01 4.592025 7.931081 13.456332 23.319635 40.636276 70.052502 124.392981
2024-12-08 3.943663 7.141400 12.690373 23.088430 42.282133 76.568234 143.289960
2024-12-15 3.468788 6.572381 12.208666 23.273508 44.705556 84.887828 167.111034
2024-12-22 3.035976 6.005479 11.636957 23.194308 46.634238 92.663176 191.497363
2024-12-29 2.768940 5.709960 11.525928 23.986541 50.411823 104.689888 226.831846
2025-01-05 2.448742 5.264647 11.071988 24.063655 52.880480 114.814299 260.941362
2025-01-12 2.109377 4.719256 10.322095 23.385928 53.637776 121.546904 289.241055
2025-01-19 1.853520 4.309536 9.790739 23.093951 55.214450 130.431419 324.595916
2025-01-26 1.701494 4.108356 9.688588 23.777323 59.223897 145.763993 379.171149
2025-02-02 1.584596 3.969176 9.706586 24.760010 64.185549 164.441594 446.699314
2025-02-09 1.437429 3.728918 9.441052 24.989684 67.308857 179.209555 507.512510
2025-02-16 1.256290 3.368929 8.814886 24.165564 67.500856 186.425668 549.318924
2025-02-23 1.098948 3.042857 8.218852 23.309575 67.445309 193.008532 591.060949
2025-03-02 0.990748 2.830994 7.889679 23.137378 69.316397 205.450043 653.615873
2025-03-09 0.910578 2.683416 7.711518 23.370362 72.450060 222.288987 734.276058
2025-03-16 0.829808 2.519191 7.457233 23.328680 74.752972 237.160691 812.482585